Terraform Labs and Do Kwon Seek Dismissal of SEC’s Lawsuit
Do Kwon has asked the judge to dismiss the federal securities regulator's lawsuit alleging securities and fraud as it does not provide sufficient evidence of their wrongdoing.
Key Takeaways In a significant development, the United States Securities and Exchange Commission (SEC) has received approval to seek South Korea’s assistance in its ongoing legal case against Terraform Labs and its co-founders. The motion enables the SEC to conduct…